1. Introduction to Accounting and Finance
Dr Anna Samsonova-Taddei – BA Econ A&F Pathway Programme Director
I’m here to give you information about the modules available for you to study in the area of accounting and finance, and also to explain the different choices depending on your degree programme.
Original Thinking Applied

2. Introduction to Accounting and Finance
What are we going to cover?
Give a flavour of what studying accounting and finance at university is about
Introduce first year courses
Choices for different degree programmes / pathways

3. Introduction to Accounting
Stereotypical image of accountant as a “bean counter”
So why study accounting?

4. Introduction to Accounting
Definition:
‘the process of identifying, measuring and communicating economic information to permit informed judgements and decisions by users of the information’.
American Accounting Association
Users decisions are dependent on accounting information
Very important that that information is reliable
Businesses are very complex entities and so explaining that information is difficult (as is understanding it)

5. Introduction to Accounting
Types of topics covered
Financial accounting
Make up, preparation and evaluation of basic financial statements
Users of financial information
Concepts underlying the numbers
Management accounting
How to make financial information useful

6. Introduction to Finance
Types of topics covered
How the stock markets operate
How businesses obtain funding
How businesses evaluate risk
How companies are valued
How companies make investment decisions

7. Introduction to Finance
Things you’ll learn about
Hedging
Short selling
Stock markets
Funding
Finance Explained
Six years on we are still talking about the global financial crisis. Studying finance would help you make sense of the collapse of financial services firm Lehman Brothers six years ago this Monday. The bankruptcy filing remains the largest in US history (over $600bn assets)

8. What’s it all about?
Accounting and finance impinge on a very wide range of activities and occupations:
Public practice accountancy
Management accounting
Financial services / Markets
Public sector
General management
Even if you don’t want to be an accountant it has relevance.

9. What’s it all about? Not just the numbers!!
The role of accounting and finance in the economy and society
Rationales…….techniques………consequences
International perspectives

10. What’s on offer? BA (Econ) Compulsory year 1 course units
Three main areas – year 1
Financial accounting and external reporting
BMAN10501 Financial Reporting
BMAN10621(A) Fundamentals of Financial Reporting
Management accounting and information
BMAN10512 Introductory Management Accounting
BMAN10632 Fundamentals of Management Accounting

11. What’s on offer? Finance and financial markets
BMAN10522 Financial Decision Making
BMAN10552 Fundamentals of Finance
Subsequent years:
(increasing specialisation and subject availability)

12. Compulsory
BA (Econ) Accounting and Finance, Finance, Economics and Finance
BMAN10501 Financial Reporting
BMAN10512 Management Accounting
BMAN10522 Financial Decision Making

13. Choices?? BA(Econ) Business Studies / BSc Economics
Compulsory and Course Options
BMAN10621(A) Fundamentals of Financial Reporting
(Compulsory for BA(Econ) Business Studies)
BMAN10632 Fundamentals of Management Accounting
BMAN10522 Financial Decision Making

14. Course Choices?? BA (Econ)
(Not Accounting and Finance, Finance, Economics and Finance,
Business Studies, or BSc Economics)
You can choose up to a maximum of 20 credits from:
BMAN10621(A) Fundamentals of Financial Reporting
BMAN Fundamentals of Management Accounting
BMAN Fundamentals of Finance

15. Professional Accounting Accreditation
ICAEW, ACCA, CIMA Information regarding professional accounting accreditation can be found in the MBS Online Undergraduate Handbook at: .
If you are interested in the possibility of a professional qualification after you leave university then you may wish to know what exemptions from professional examinations are available to you.

16. Thank-you for reading Anna Samsonova-Taddei
BA Econ A&F Pathway Programme Director